Platinum futures struggled near the lowest level since December 2008 on Wednesday, as fears that the Volkswagen emissions scandal would reduce demand from the auto sector weighed.
Comex platinum for January delivery rose $6.00, or 0.65%, to trade at $924.10 an ounce during U.S. morning hours.
A day earlier, platinum futures fell to $899.60 an ounce, a level not seen since the peak of the global financial crisis, before paring losses to end at $918.10, down $4.40, or 0.48%.
Platinum prices are their way for a 14.7% drop in the third quarter, the worst quarterly performance since 2008.
In recent sessions, prices of the silvery metal have been under heavy selling pressure as the Volkswagen diesel emissions scandal sparked fears over a slowdown in demand. Platinum is largely used in diesel engine production.
Elsewhere, gold for December delivery on the Comex division of the New York Mercantile Exchange inched down $9.80, or 0.91%, to trade at $1,117.30 a troy ounce.
